Dantax AS (CHIX:DANTC) Cash Ratio: 3.89 (As of Mar. 2026) — 58% Below Median

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CHIX:DANTC Dantax AS CHIX:DANTC
67 GF Score
Price kr242.00
GF Value kr243.58
! 4 Warning Signs
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What is Dantax AS Cash Ratio?

Dantax AS CHIX:DANTC 67 Cash Ratio is 3.89 as of Mar. 2026, which is 58% below its 10-year median of 9.16. GuruFocus rates CHIX:DANTC with a GF Score™ of 67/100 and a GF Value™ of kr243.58. The stock has 4 warning signs investors should review. Among 2,479 Hardware companies, Dantax AS ranks better than 90.48% on this metric.

The Cash Ratio measures a company’s ability to meet its short-term obligations with cash and near-cash resources. It is calculated as a company's Cash, Cash Equivalents, Marketable Securities divides by its Total Current Liabilities. Dantax AS's Cash Ratio for the quarter that ended in Mar. 2026 was 3.89.

Dantax AS has a Cash Ratio of 3.89. It generally indicates that the company is able to cover all short-term debt and still have cash remaining.

The historical rank and industry rank for Dantax AS's Cash Ratio or its related term are showing as below:

CHIX:DANTc' s Cash Ratio Range Over the Past 10 Years
Min: 3.89   Med: 9.16   Max: 20.79
Current: 3.89

During the past 13 years, Dantax AS's highest Cash Ratio was 20.79. The lowest was 3.89. And the median was 9.16.

CHIX:DANTc's Cash Ratio is ranked better than
90.48% of 2479 companies
in the Hardware industry
Industry Median: 0.63 vs CHIX:DANTc: 3.89

Dantax AS  (CHIX:DANTc) Cash Ratio Explanation

The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.

The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.

In general, the higher the cash ratio, the better the company's liquidity position.


Dantax AS Cash Ratio Related Terms


Dantax AS Cash Ratio Historical Data

* Premium members only.

The historical data trend for Dantax AS's Cash Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Dantax AS Cash Ratio Chart

Dantax AS Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cash Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.52 14.62 11.61 6.46 6.49

Dantax AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cash Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.12 6.49 7.71 4.95 3.89

CHIX:DANTC vs AAPL: Cash Ratio Comparison

For the Consumer Electronics subindustry, Dantax AS's Cash Ratio, along with its competitors' market caps and Cash Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Dantax AS Cash Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Dantax AS's Cash Ratio distribution charts can be found below:

* The bar in red indicates where Dantax AS's Cash Ratio falls into.


CHIX:DANTC
67GF Score
Dantax AS CHIX:DANTC
Cash Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dantax AS Cash Ratio Calculation

The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.

Dantax AS's Cash Ratio for the fiscal year that ended in Jun. 2025 is calculated as:

Cash Ratio (A: Jun. 2025 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=67.642/10.424
=6.49

Dantax AS's Cash Ratio for the quarter that ended in Mar. 2026 is calculated as:

Cash Ratio (Q: Mar. 2026 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=23.533/6.052
=3.89

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Cash Ratio →
What does a Cash Ratio of 3.89 mean?
Dantax AS (CHIX:DANTC) has a Cash Ratio of 3.89 as of Mar. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Dantax AS and its competitors. This is 58% below median its historical median of 9.16. Over the past decade, Dantax AS's Cash Ratio has ranged from 3.89 to 20.79. According to the industry distribution chart, Dantax AS ranks #236 out of 2479 companies in the Hardware industry, placing it in the top 9.5%.
Is Dantax AS's Cash Ratio too high?
Dantax AS's current Cash Ratio of 3.89 is 58% below median its 10-year median of 9.16. Over the past 10 years, this metric has ranged from a low of 3.89 to a high of 20.79. The Hardware industry median Cash Ratio is 0.63. Dantax AS's value of 3.89 is 517.5% above this industry median. Based on the distribution chart, Dantax AS ranks #236 out of 2479 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Dantax AS has a GF Score™ of 67/100, reflecting its overall financial health beyond just this single metric.
How does Dantax AS's Cash Ratio compare to AAPL?
According to the Hardware industry distribution chart, Dantax AS ranks #236 out of 2479 companies for Cash Ratio. This places Dantax AS in the top 10% of its industry — outperforming the majority of peers. The industry median Cash Ratio is 0.63. Dantax AS's value of 3.89 is 517.5% above this benchmark. Historically, Dantax AS's own Cash Ratio has ranged from 3.89 to 20.79 over the past decade. While the company's 10-year median is 9.16 vs. the industry median of 0.63, Dantax AS has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Ratio for a Hardware company?
The median Cash Ratio among Hardware companies is 0.63, based on 2,479 companies in the industry. Companies in the top quartile (top 25%) have a Cash Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cash Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dantax AS's current Cash Ratio of 3.89 is 517.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Ratio mean?
A high Cash Ratio can signal that a stock is expensive relative to its fundamentals. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Dantax AS and its competitors. For the Hardware industry, the median Cash Ratio is 0.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dantax AS's current Cash Ratio is 3.89, which is 58% below median its own 10-year median of 9.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dantax AS stock overvalued right now?
Dantax AS (CHIX:DANTC) has a current Cash Ratio of 3.89. The stock's GF Value™ is kr243.58, compared to a current price of kr242.00 — trading 0.6% below its estimated fair value. The current Cash Ratio is 3.89, which is 58% below median its 10-year median of 9.16 and 517.5% above the Hardware industry median of 0.63. Dantax AS's overall GF Score™ is 67/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Ratio calculated?
Cash Ratio is calculated from a company's financial statements. For Dantax AS (CHIX:DANTC), the current Cash Ratio is 3.89 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Dantax AS (CHIX:DANTC) Overvalued in 2026?

Based on GuruFocus' analysis, Dantax AS stock appears to be undervalued. The current stock price of kr242.00 is trading 0.6% below its estimated GF Value™ of kr243.58.

Key valuation signals for CHIX:DANTC:

  • Cash Ratio: 3.89 (58% below median its 10-year median of 9.16)
  • GF Value™: kr243.58 vs. price of kr242.00 (0.6% below fair value)
  • GF Score™: 67/100 with 4 warning signs
  • Industry Position: 517.5% above the Hardware median (#236 of 2479)

No single metric tells the full story. See the CHIX:DANTC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dantax AS Business Description

Other Exchanges DANT:Denmark
Address Bransagervej 15, Pandrup, DNK, 9490
Dantax AS is a Denmark based firm engaged in the production and marketing of consumer electronics. It is engaged in design, development, production and sales of audio products. The products are sold under the brands Scansonic, Raidho and Harmony. Its product portfolio includes DAB & Internet Adaptor, LCD TV, LCD/DVD Combo TV, Turntables, Audio system, Speakers, LED/DVD combo TV, Portable, HDMI Cables, DVD, & Clock Radio.
67GF Score

Get the complete analysis for CHIX:DANTC

Cash Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr242.00
Price
kr243.58
GF Value